Upload
bishnu3422
View
219
Download
0
Embed Size (px)
Citation preview
8/8/2019 Final Report by Bishnu Agrawal
1/14
A
PROJECT REPORT ON
DEMAND FOR NUMBER PORTABILITY IN YOUTH
ATVIRGIN MOBILE
CHENNAI
SUBMITTED BY
BISHNU AGRAWAL
PROJECT GUIDE
MR. REDDY
Regional Manager, Virgin Mobile, Chennai
FOR THE FULFILMENT OF
MASTER OF BUSINESS ADMINISTRATION
Long Beach Road, ECR, VGP Layout, Utthandi, CHENNAI-600 096 PH: (044)
32554744
8/8/2019 Final Report by Bishnu Agrawal
2/14
ACKNOWLEDGEMENT
I FEEL FORTUNATE TO EXPRESS MY DEEP REGARDS TO VIRGIN MOBILE & ISBR,
FOR CARRYING MY PROJECT REPORT.
I EXPRESS MY DEEP SENSE OF INDEBTNESS TO MY DYNAMIC INDUSTRY GUIDE
MR. REDDY, VIRGIN MOBILE, CHENNAI, FOR GIVING ME VALUABLE INPUTS, CO-
OPERATION AND GUIDANCE WITHOUT WHICH I WOULD NOT HAVE BEEN ABLE
TO COMPLETE THE WORK. FURTHER, HE HAS ALLOWED ME FOR GIVING OPEN
SUGGESTIONS & SHARING MY THOUGHTS WHICH GAVE ME IMPETUS TO LEARN
MORE.
I EXPRESS MY THANKFULNESS TO THE ENTIRE TEAM OF VIRGIN MOBILE FOR
GIVING ME LOVELY CO-OPERATION; I THANK ALL MY FRIENDS DOING PROJECT
UNDER VIRGIN MOBILE, CHENNAI WHO HELPED ME PROVIDING IMPETUS TO
LEARN MORE.
I ACKNOELEDGE THE HELP & CO-OPERATION OF ALL THE RESPONDENTS.
IM VERY THANKFUL TO ALL THE FACILITIES OF ISBR FOR HELPING ME IN
RESOLVING ISSUES. LAST BUT NOT THE LEAST, I THANK MY WELL WISHERS
FOR THEIR CO-OPERATION.
8/8/2019 Final Report by Bishnu Agrawal
3/14
DECLARATION
I HEREBY DECLARE THAT THE PROJECT REPORT TO STUDY THE DEMAND FOR
NUMBER PORTABILITY IN YOUTH IN VIRGIN MOBILE, CHENNAI SUBMITTED
FOR THE FULFILMENT OF MASTER OF BUSINESS ADMINISTRATION(MBA)
PROGRAMME (2008-2010) UNDER ISBR BUSINESS SCHOOL, CHENNAI WHICH
TO THE BEST OF MY KNOWLEDGE AND BELIEF HAS NOT BEEN SUBMITTED TO
ANY OTHER INSTITUTE OR PUBLISHED BEFOREHAND.
DATE: - 31.03.2010
BISHNU AGRAWAL
8/8/2019 Final Report by Bishnu Agrawal
4/14
Content
PART 1 RESEARCH REPORT
1.Methodology used
2.Findings
3.Analysis
4.Recommendations.
PART 2 PROMOTION REPORT
1. Experience / learning from the activity
2.Recommendation.
PART 3 SALES REPORTS
1.Number of sales done
2. Experience learning from the activity
3.Recommendation.
8/8/2019 Final Report by Bishnu Agrawal
5/14
PART 1
RESEARCH REPORT
A research report has been prepared on the topic chosen. The
four main components of research report are:
1. Methodology used
2. Findings
3. Analysis
4. Recommendations.
The research goes through the above four steps. A detail study
has been done on various areas of Virgin Mobile concentrating on
the topic. The research goes like the below.
1. METHODOLOGY USED
Lots of methods are used to conduct a research on a given
topic. My chosen topic is Demand for number portability in youth.
To find out various factors affecting the demand among the youth
to change mobile service provider having same number, a survey is
conducted.
In the 1st phase of the survey, 30 students are taken to
perform the survey.
8/8/2019 Final Report by Bishnu Agrawal
6/14
In the 2nd phase total of 60 students are taken to do a
complete survey on the demand to change mobile service provider
with same number.
2. FINDINGS
The final survey has been conducted among 60 students.
Followings are the findings based on 60 surveys.
a. 65% students are using Nokia handset.
b. 28% students are using Aircel, 27% students are using
Airtel, 21% students are using Vodafone and rest 24%
students are using some other operators.
c. 53% students spend Rs. 301 to 800 per month and 43%
students spend less than Rs.301 per month.
d. 47% students have 51 to 100 contact numbers and 33%
students have 101 to 300 contact numbers.
e. 90% students are satisfied with their current mobile service
provider.
f. 57% students have changed their mobile number earlier.
g. 71% students have changed their number 1 to 3 times and
29% for 4 to 7 times.
h. 64% students changed their number as better tariff has
been provided by other network and 18% due to more
friends on other network.
i. 63% students intended to change their number again.
8/8/2019 Final Report by Bishnu Agrawal
7/14
j. Only 30% students tell that change in number stop them to
change the service provider.
k. Only 9% students tell that they will change the service
provider if the number remains same.
l. 60% students are ready to pay to change the service
provider with same number.
m. 47% students are ready to pay up to Rs. 100 to change the
service provider with same number.
3. ANALYSIS
An analysis is done regarding why the students are willing to
change the number. 64% students changed their number as they
are getting better service from other service provider. 18% students
changed their number as they have more friends in other network.
6% students changed their number due to bad service and only 3%
students have changed their number as their sim card was blocked.
37% students still want to change their number but they do
not bother about the change in number. 70% students told that
change in number do not stop them to change the service provider.
58% students told that they will think over changing the
service provider if the number remains same.
4. RECOMMENDATION
8/8/2019 Final Report by Bishnu Agrawal
8/14
Students do not bother about change in number but they want
better tariff plans as 64% students have changed their number
previously for better tariff plan.
We should think over providing better tariff plan to attract
more customers.
37% students still want to change their number and if better
tariff plan is provided they will change their number.
We should keep the number same if a customer wants to
change his number as 58% may change their service provider
if the number remains same.
We should come with various offers to attract more customersas 28% users use Aircel Network for new offers.
Special offer should be given to the users who spend more
than 500 as 53% students spend between Rs. 300 to 800.
8/8/2019 Final Report by Bishnu Agrawal
9/14
PART 2
PROMOTION REPORT
Various promotional activities have been performed during the
project to create awareness among the students about Virgin
Mobile. Various methods are used to promote the product of Virgin
Mobile.
Some of the promotional activities include the following.
a. Giving PowerPoint presentation to the students regarding the
products and tariff of Virgin Mobile.
b. Mail and SMS are sent to create awareness about the launch of
GSM service by Virgin Mobile.
c. Gifts are given to the students who became the customers of
virgin mobile.
d. I invited all the friends to join the facebook community of
virgin mobile to create awareness about the virgin mobile in
GSM service.
e. Various competitions are organized like T-shirt designing,
video uploading etc. and all friends are invited to vote for the
best person.
f. Social responsibility is taken care of like Green India and a
step is taken to make India and the world Greener.
1. EXPERIENCE/LEARNING FROM THE ACTIVITY
8/8/2019 Final Report by Bishnu Agrawal
10/14
a. By doing various promotional activities I learn the marketing
strategies and policies to promote a product.
b. Such activities help to attract more and more customers as
they come to know about the product from such activities.
c. I learn the way to promote a product among a group of
customer.
Promotion creates awareness and awareness creates
customers. So, if we promote well, we can have more customers.
2. RECOMMENDATIONS
a. Proper knowledge of tariff should be given to the customers.
b. Should take part in various activities taking part in the city.
c. Should introduce new offers especially for student like SMSrate cutter etc.
8/8/2019 Final Report by Bishnu Agrawal
11/14
PART 3
SALES REPORT
Third phase is based on the sales. We were engaged in doingsales also. Sales activities were one of the value added in the
project. We are asked to do some sales to know and understand
various factors affecting sales.
1. NUMBER OF SALES DONE
8/8/2019 Final Report by Bishnu Agrawal
12/14
I did 5 sales as I got 5 only. But due to some problem all sales
are not taken as good. Out of 5 sales 3 sales were considered to be
good. The reason for the same is that 2 sim cards could not receive
the FRC amount of Rs. 50 due to some problem.
2. EXPERIENCE/LEARNING FROM THE ACTIVITY
Sales is an art which should be included in our behavior to
become a good sales person. Following things I learned from the
sales activities.
a. How to convince a person regarding the features, here tariff,
of a product.
b. Understanding the need of the customer.
c. How to provide better service to make the sale good.
d. How to generate trust on a product among the prospect
buyers.
e. How to provide after sales service.
f. How to build a relationship.
g. Understanding the tastes and preference of the people.
h. What sort of knowledge to be passed to the customers.
i. How to prepare ourselves before meeting a customer.
j. What sort of questions may arise while closing a sale.
k. Handling all the queries the customer efficiently.
3.RECOMMENDATION
a. Proper training should be given before asking to do the
sales.
8/8/2019 Final Report by Bishnu Agrawal
13/14
b. Proper product knowledge should be given to the sales
person.
c. Prompt action should be taken if any issue arises.
d. Good offers for students should be launch.
e. Sufficient retail outlets should be there to have easy
availability of recharge cards to the customer.
f. Proper relation with the dealers should be maintained.
g. Thorough work on the tariff plan must be done taking under
consideration the service of all other service provider.
8/8/2019 Final Report by Bishnu Agrawal
14/14